Showing 1 - 10 of 203
economic activity, especially international trade. We study the effects of war on bilateral trade with available data extending … back to 1870. Using the gravity model, we estimate the contemporaneous and lagged effects of wars on the trade of … belligerent nations and neutrals, controlling for other determinants of trade as well as the possible effects of reverse causality …
Persistent link: https://www.econbiz.de/10005777720
supply side at center stage, affording little or no role for demand or overseas trade. Recently, alternative explanations … have placed an emphasis on the importance of trade with New World colonies, and the expanded supply of raw cotton it … for 1760 and 1850. Neither claim is supported. Trade was vital for the progress of the industrial revolution; but it was …
Persistent link: https://www.econbiz.de/10005049785
Many previous studies of the role of trade during the British Industrial Revolution have found little or no role for … trade in explaining British living standards or growth rates. We construct a three-region model of the world in which … that while trade had only a small impact on British welfare in the 1760s, it had a very large impact in the 1850s. This …
Persistent link: https://www.econbiz.de/10011133496
, as we aggregate from product level trade data to SITC industry level trade data the estimated survival increases. We rank …
Persistent link: https://www.econbiz.de/10005775044
have argued that trade makes war less likely, yet World War I erupted at a time of unprecedented globalization. This paper … develops a theoretical model of the relationship between trade and war which can help to explain both these observations …
Persistent link: https://www.econbiz.de/10010969254
We study the role of distance and time in statistically explaining price dispersion for 14 commodities from 1732 to 1860. The prices are reported for US cities and Swedish market towns, so we can compare international and intranational dispersion. Distance and commodity-specific fixed effects...
Persistent link: https://www.econbiz.de/10010950996
Historians have long recognized the role of economic resources and organization in determining the outcome of World War II: the Nazi economy lacked the economic resources and organization to oppose the combined might of the U.S., U.K., and U.S.S.R. A minority view is that the Germans were...
Persistent link: https://www.econbiz.de/10005084936
trade. Yet there is substantial unexplored variation, since not all countries experienced the same depth of shock in the …
Persistent link: https://www.econbiz.de/10008627135
history analysis, we find that trade was also a pathway of diffusion. Market access served as an important instrument to … encourage a level playing field. The type of trade mattered as much as the volume. In the European core, states emulated the … labor regulation of partners because intraindustry trade was important. The New World exported less differentiated products …
Persistent link: https://www.econbiz.de/10008627163
influence countries' decisions regarding international trade. We measure US influence using a newly constructed annual panel of … market for American products. Our analysis is able to rule out decreased bilateral trade costs, changing political ideology …
Persistent link: https://www.econbiz.de/10008631117